parrett

Former National Century executive and convicted felon Rebecca Parrett is back on U.S. soil after more than two years on the lam. Parrett fled soon after her conviction. She had the opportunity to flee because the judge allowed her to go home to Arizona before she was sentenced to prison. WOSU reports on why this was allowed to happen.

A federal judge in Columbus has sentenced the founder of Dublin-based National Century Financial Enterprises to 30 years in prison for corporate fraud. Lance Poulsen was convicted in October on 12 counts of securities fraud, wire fraud and money laundering. Two other former NCFE executives were also sentenced.

Seven former executives of a bankrupt Dublin firm will be arraigned this morning in federal district court in Columbus. The charges include conspiracy, securities fraud and money laundering. They’re accused of participating in a $3 billion accounting scheme at the now-defunct National Century Financial Enterprises.